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S&P: Prime Minister Ponta's resignation has no immediate impact on Romania ratings

Standard & Poor's Ratings Services on Wednesday said Prime Minister Victor Ponta's resignation has no immediate impact on the sovereign credit ratings of Romania (BBB-/Stable/A-3), S&P reports in a press statement."We do not expect the resignation to trigger snap elections. However, we do not rule out the possibility of further fiscal loosening, as the Prime Minister's ...

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Thursday, November 5, 2015